Thursday, May 12, 2011 8:34:57 PM
I think you might be underestimating the sales capability of this company. 10 million in sales would be about 768 tractors with an average price of 13K. This is tractor sales alone. Remember Mark is extremely good with his development of implements as well, and do not forget the crawler, the backhoe attachment, the grapple, and the diesel engine patent. also, Mark has rights to distribute a tractor chassis(the one that JD uses in its Chinese line of tractors) in the US and Canada. It would be an interesting development if JD decided to use this chassis in their American line.
Mark opened 150 stores that were selling Rhino tractors over a four period.
Mark thinks he has a lot more going in his direction with Tytan than he did with Rhino. He did not even have any patents when he owned Rhino.
If each of 150 stores sold only 5 tractors in a year, they would meet the 10 million mark in sales. This does not even include any implement sales or sales of the Crawler. If each of 150 stores sold 5 tractors a quarter (just over one per month), this would add to sales of 40 million in sales. I do not think these are unreasonable numbers especially considering that Mark has done it before.
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